Sunday, September 16, 2012

Chinese Coin Market Update 9/16/2012

For those who have been waiting for signs that the Chinese coin market is ready to make a new move up, Ben Bernanke and Mario Draghi fired the starting gun last week.  Almost immediately, new coin orders started pouring in.  Bargain priced pandas on ebay have been snapped up, and prices are moving up again.

As I have mentioned here and on CCF, dealer inventories of Chinese coins are very thin.  If you have your eye on a key coin, you may want to buy it now before it is gone.  Thant includes most gold pandas from 1991 though 2004.  Silver pandas are also regaining strength.   Prices will be going up.